The power division has urged for the closure of shopping malls and commercial establishments after 8pm to ensure uninterrupted electricity supply amid the ongoing extreme heat. Power Division of the Ministry of Power, Energy and Mineral Resources made the request in a message on Monday. According to the power division, despite the unprecedented achievements in the power sector in the ...
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Gold price drops again by Tk 1,155 per bhori
Bangladesh Jeweller’s Association (BAJUS) has reduced the gold price by Tk 1,155 per bhori (11.664 grams) on Monday afternoon due to a reduction in the price of pure gold on the local market. The standing committee on pricing and price monitoring of BAJUS adjusted the price at a meeting on Monday, said a statement of the jewellers. According to the ...
Read More »IMF advises BB to disclose full report on banks’ financial health
The visiting International Monetary Fund (IMF) delegation has advised Bangladesh Bank (BB) to disclose detailed and complete information regarding bad and risky loans fin the public interest. Meeting sources said that the visiting IMF delegation gave this suggestion in the meeting held with the BB officials on Sunday (April 28), reports UNB. In the meeting, the IMF asked to make ...
Read More »Elon Musk in China to discuss enabling full self driving
Elon Musk is visiting Beijing with media reports saying he aims to discuss enabling autonomous driving mode on Tesla cars in China. Mr Musk wants to enable Full Self Driving (FSD) in China and transfer data collected in the country abroad to train its algorithms. FSD is available in countries including the US but not in China. The news came ...
Read More »Stocks rebound on both bourses
After witnessing a downward trend in the three sessions, stocks today rebounded in the Dhaka and Chittagong stock exchanges as investors remained active on sector-wise issues. After witnessing volatility, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 97.36 points or 1.76 per cent to settle at 5,615.84. Two other indices also ended higher with the ...
Read More »BEPZA seeks more South Korean investment in EPZs, BEPZA EZ
Bangladesh Export Processing Zones Authority (BEPZA) has invited South Korean investors to invest more in Export Processing Zones (EPZs) of Bangladesh and BEPZA Economic Zone located at Mirsarai, Chattogram. BEPZA Executive Chairman Major General Abul Kalam Md. Ziaur Rahman made this call as the chief guest at a seminar titled “Investment Opportunities in the Export Processing Zones and BEPZA Economic ...
Read More »Gold prices drops again
Bangladesh Jewellers Association (BAJUS) has reduced the prices of gold by Tk 629 per bhori (11.664gm) again as the cost of pure gold falls on the local market. The new revised prices will be effective at 4:30pm on Saturday (April 27). It will remain in effect until further notice. According to BAJUS statement, the new price of high-quality or 22-carat ...
Read More »Bangladesh participates in ‘Japan IT Week’
Bangladesh participated in Japan IT Week, Spring, 2024 held from April 24- 26, 2024 at the Tokyo Big Sight in Japan. Ambassador of Bangladesh to Japan Shahabuddin Ahmed and Managing Director of Bangladesh Hi-Tech Park Authority G S M Jafarullah, ndc, inaugurated Bangladesh Pavilion on April 24. In the evening on the same day, Embassy of Bangladesh organized a seminar ...
Read More »Gold price drops further, bhori now Tk 1,13,560
Bangladesh Jeweller’s Association (BAJUS) announced to reduce the gold prices by Tk 640 per bhori (11.664 grams) for the third consecutive day on Thursday. The standing committee on pricing and price monitoring at BAJUS announced the latest reduction at a meeting on Thursday, said a press release. Now the new price of the 22-carat gold is set at Tk1,13,560 per ...
Read More »IMF team wants to know central bank’s measures on reserves, banking sector reform
The visiting team of the International Monetary Fund (IMF) wanted to know Bangladesh Bank’s measures for implementing monetary policy, interest rate, inflation, exchange rate, and reserves information. The IMF team discussed various issues wanted to know the latest information from the central bank during a meeting held on Wednesday in Bangladesh Bank headquarters. Apart from this, the global lender also ...
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